Frequently asked questions

FynnEdge is a loan advisory business — we help you compare suitable banks and NBFCs for your loan, based on your profile, rather than you applying to each one separately.

Checking your eligibility on FynnEdge is free. Any lender fees (processing fees, etc.) are disclosed by the lender before you proceed with an application.

No — checking eligibility on FynnEdge uses your self-reported profile and does not perform a hard credit bureau check until you explicitly consent, later in the application process.

No. Eligibility results are indicative and based on the profile you share — the lender still verifies your details, documents and credit history before giving a final approval.

Checking your eligibility takes a few minutes. Once you choose a lender and submit your application with documents, sanction timelines depend on that lender — typically a few hours to a few business days.

Most lenders ask for a PAN card, address proof, income proof (salary slips or ITR) and recent bank statements. The exact list depends on the loan type and lender, and is shown to you during the application.

Yes. Many lenders on FynnEdge accept self-employed applicants, though the income proof required (ITR, GST returns, business bank statements) differs from that of salaried applicants.

There is no single cut-off — each lender sets its own criteria, and some weigh income, employment stability and existing obligations alongside credit score. A higher score generally improves your options and the interest rate offered.

Yes. Existing loans and credit cards do not disqualify you, but the EMIs you are already paying are factored into how much a lender is willing to offer, since it affects your repayment capacity.

Your EMI depends on the loan amount, interest rate and tenure you choose. Use our EMI calculators to see the exact monthly instalment and a full year-by-year breakdown before you apply.

A fixed rate stays the same for the loan tenure, so your EMI does not change. A floating rate moves with the lender's benchmark rate, so your EMI can go up or down over time. Each lender's offer specifies which applies.

Most lenders allow part-prepayment or full foreclosure, though some charge a prepayment fee, especially on fixed-rate loans. Check the specific lender's terms, or use our prepayment calculators to see the potential savings.

A rejection from one lender does not mean you are ineligible everywhere — different lenders have different criteria. You can review the reasons shown and consider other matched lenders, or reapply later once your profile improves.

We match the details you share (income, employment, existing obligations, loan requirement) against each participating lender's own published eligibility criteria, and show you the ones you are likely eligible for.

Yes. Your information is used only to check eligibility and share your application with the lenders you choose to proceed with — see our Privacy Policy for full details on how your data is handled.

Many lenders support joint applications with a co-applicant (such as a spouse or parent), which can improve eligibility for a higher loan amount. This option, where available, is offered during the application step.

Disbursal timelines vary by lender and loan type — unsecured loans like personal loans are often disbursed within a day or two of final approval, while secured loans (like home loans) can take longer due to property and document verification.

Yes — once you submit an application, you can revisit it anytime using the link provided to track its status and upload any additional documents a lender requests.

You can choose not to proceed with an application at any stage before final disbursal. Contact us or the lender directly if you have already submitted documents and wish to withdraw.

No, you do not pay FynnEdge anything. Any fees you pay (processing fees, etc.) go directly to the lender and are disclosed upfront by them, not charged by FynnEdge.

The rates and ranges shown are indicative, based on what lenders publish for their products. Your final rate is confirmed by the lender after reviewing your complete profile and documents.

The amount you are eligible for depends on your income, existing obligations, credit profile and the specific loan type. Use the eligibility calculators for a quick indicative estimate, or check your full eligibility for a precise range.